Stablecoin market cap hits new all-time high amid 11 months of growth

Graphics processing and AI giant Nvidia provides roughly 80% of the artificial intelligence chips used in high-end data centers.

Crypto industry captains are throwing their support behind a long-term project from MIT’s Digital Currency Initiative to enhance Bitcoin’s security. 2493 Total views 10 Total shares The Massachusetts Institute of Technology’s Digital Currency Initiative has revealed a new “Bitcoin Software and Security Effort” intended to foster research into bolstering the Bitcoin network’s defenses.The open-source initiative…

The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere. 636 Total views 6 Total shares Own this piece of history Collect this article as an NFTBig Tech firm Meta is scrapping its nonfungible token (NFT) feature across its social media…

Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records. 593 Total views 2 Total shares Testifying in court but without the jury for his criminal trial present, Sam “SBF” Bankman-Fried faced questions from prosecutors who pressed the former FTX

A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions.DAREX’s hybrid model enables users to trade utilities and securities – and the revenue generated from these transactions is subsequently shared with token holders. In time, the exchange hopes to become a “truly beneficial and democratic…

Alleged former owner of crypto exchange BTC-e Alexander Vinnik was indicted and subjected to a "fake" interrogation by French prosecutors on Tuesday, August 28, his attorney Timofey Musatov told Russian news outlet Izvestiya Thursday, August 30.Musatov claims that his client Vinnik was brought to a court in Greece where he is currently awaiting extradition and…

Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations.BTC/USD 1-hour chart. Source: TradingViewFed's "preferred" inflation metric points to waning pressureData from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index print.This came in…